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New finance director appointed as Houghton International continues to grow

Following its recent expansion, Newcastle based electro mechanical engineering specialist Houghton International has appointed Jack Dunning as finance director to oversee the company’s finances and support the business during its sustained growth as it prepares for further expansion both in the North East and internationally.

A qualified Chartered Accountant, Jack spent ten years working for the audit and assurance practice of Deloitte in London and New York and holds a degree in Economics from the University of Leeds. More recently in 2010 Jack joined the BVCA, the industry body and public policy advocate for the private equity and venture capital industry in the UK, and spent five years there as Finance Director and Chief Operating Officer.

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Michael Mitten, CEO of Houghton International, commented: “Bringing with him a wealth of professional and operational experience, Jack is ideally placed to support our continued growth. As the business grows we will face a range of challenges and I’m confident that Jack has the skills and expertise required to enable Houghton International to thrive both now and into the future.

“Jack’s appointment as finance director both completes and strengthens our senior management team, alongside myself and the other company directors he will work ensure that the company delivers our ambitious growth strategy, project 2020.”

Houghton International recently expanded into a fourth operational site, its large machine repair shop, following a multimillion £ contract win with Great Western Railway. As finance director Jack will lead the internal support service teams to facilitate this expansion and prepare for future growth regionally, nationally and internationally to ensure the company is financially positioned to maximise all available opportunities.

Jack Dunning, newly appointed finance director, added: “I have been watching Houghton International steadily grow for a number of years now and I’m excited to be joining the business at such a critical stage in its development.

“Following a string of new contract wins and with project work lined up to 2020 and beyond, Houghton International is now in a position to ramp up this growth and expand its offering and the territories in which it operates. I’m looking forward to working with the team and helping to accelerate this development.”

Founded in 1984, Houghton International has expanded over the last 30 years into a multi-million pound, multinational business. The company has grown from originally serving one customer to now working with over 200 customers globally.

Specialising in innovation in the repair, maintenance and life extension of rotating electrical machines, Houghton International operates through three divisions; Rail, Electro Mechanical Services and High Voltage Coils.

For more information on Houghton International and the range of services it offers please visit: www.houghton-international.com.

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